Pub/bar for sale in Snuff Street, Devizes SN10, £175,000

175,000.00

Offer Nr.:
65470164
Type of ad:
for Sale
Property type:
Pub/bar
Contact name:
Huw Thomas Commercial
Phone(s):
01249 584772

**Location**
Devizes is a popular market town with a population in the region of 15, 000
people. The town is also the centre of a strong rural catchment area, which
includes many villages and hamlets. The town is approximately 20 miles south
west of Swindon and 9 miles south east of Chippenham.
This property is located in Snuff Street, a one way street that runs between
the Market Place and New Park Street in the centre of town. Nearby occupiers
include Costa Coffee, Charlton Baker accountants and independent businesses
including a barbershop and a haberdashery.
Car parking is available nearby in both the Market Place and in the New Park
Street Pay & Display car park.
**Description**
Fronting Snuff Street is a covered external area where tables and chairs have
previously been located providing an external eating and drinking area.
The main internal area is currently set up as a bar, but could be stripped out
and used for a variety of uses within Use Class E, including retail, hair &
beauty, medical uses or as an office.
The space has lighting, electric heaters and air conditioning.
At the rear is an external passageway, a partitioned store room currently used
a beer cellar and two toilets.
**Accommodation**
The gross internal area of the property to include the toilets and external
space is
Sq M Sq Ft
External area at front 14. 74 159
Gross Internal area 45. 53 490
total 60. 27 649
**Tenure**
The property is held by way of a long lease for a term of 999 years from the
29th September 1988 and a rent of £1 per annum without review.
**Price**
£175, 000, subject to contract.
We are advised that the property is not registered for VAT, so no VAT is
payable on the purchase price.
**
Service charges**
The tenant is responsible for 25% of the cost of the following:
• Communal lighting – currently approx £80 per annum
• Building insurance – currently approx £200 per annum
• External repair and maintenance – 25% of cost as and when incurred.
**Business rates**
The Valuation Office Agency website lists the property as having a Rateable
Value from 1st April 2023 of £6, 200.
The Rateable Value is therefore below the threshold for claiming full Small
Business Rate Relief for qualifying occupiers.
**Energy performance certificate**
The property has been issued with an Energy Performance Certificate with a
rating of 77 in Band D.
A copy of the EPC and Recommendation Report is available from the agent on
request.
**Legal costs**
Each party shall be responsible for their own legal costs incurred in any
transaction.

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